Trustly

Pay by Bank solutions for faster, more direct online payments

Overview

Trustly is a global Pay by Bank provider that enables businesses to accept payments directly from customers’ bank accounts using open banking technology. Rather than relying on card networks, customers select their bank and authorise payments through their existing banking environment. Trustly’s solutions extend beyond payment acceptance to include recurring payments, payouts and financial data services. These capabilities help merchants streamline checkout, manage payment costs and offer convenient bank-based payment experiences across supported markets. Trustly

Key Services / Solutions

Pay by Bank and account-to-account payment processing

Open banking technology for secure bank connectivity and payment initiation

Recurring bank payments for eligible business models and markets

Direct payouts to customer bank accounts

Payment solutions for deposits, withdrawals and refunds

Bank account and financial data services to support verification and customer onboarding

API integrations and connections through supported payment service providers

Supported Payment Methods

Pay by Bank: Direct payments from customers’ bank accounts using supported banking connections

Account-to-account payments: Bank-based transactions initiated through Trustly’s payment technology

Recurring bank payments: Automated payments from bank accounts where supported

Bank payouts: Transfers to customers’ bank accounts in supported markets

Trustly specialises in bank-based payments rather than conventional card processing. Available features, supported banks, currencies and payment flows depend on the merchant’s country, integration and product configuration. Trustly

Target Markets / Regions

Trustly supports merchants across multiple markets in Europe and North America, connecting businesses with customers through participating banks. Its coverage and available products differ by region, with specific bank connections and payment capabilities determined by the market and integration. Trustly is particularly relevant to digital businesses looking to offer bank-based payments, streamline deposits and payouts, or provide an alternative to card payments. Trustly

Strengths / Differentiators

Specialises in Pay by Bank rather than relying on traditional card networks

Connects merchants directly with customers’ bank accounts through open banking technology

Can provide fast payment confirmation and help streamline the customer checkout experience

Supports recurring payments and automated bank-based payment flows in selected markets

Offers payout solutions to transfer funds directly to customer bank accounts

Provides bank and financial data capabilities that can support verification and customer onboarding

Can complement card payment providers by offering merchants an additional way to accept payments

Want to know more about Trustly?

Contact Bizz2Pay today to discuss your requirements or get introduced to the right Trustly team member.